Success is not really about the amount of money you have.Strippers earn as much as 150,000 naira weekly exposing their naked bodies in clubs.Also, some politicians steal public funds,and leave their people to suffer.The list of ungodly means of making money are endless.Can we say people who make lots of money by ungodly means are successful?The likes of Bill Gates and Aliko Dangote can never be poor simply because they have a solution to some of human problems.Bill Gate helps solve the problem of information technology. .Dangote helps solve the problem of getting some basic needs like salt,cement,flour,steel,oil and gas and real estate.I think success is fulfilling your destiny on earth,and achieving your vision.A lot of rich people today are not successful.What is your own definition of success???
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, on Tuesday explained that the Petroleum Industry Bill, which has been pending before the National Assembly in the last seven years, requires extensive engagements with all stakeholders to iron out all grey areas.
Dr. Kachikwu, who chaired a special session on the proposed law at the ongoing 55th Annual General Conference of the Nigerian Bar Association in Abuja titled: Legal and Regulatory Framework of the Petroleum Industry in Nigeria: Review of existing Laws and the Petroleum Industry Bill (PIB), described the bill "as an essential legislation which must be approached with all the seriousness and thoroughness it deserves.
“PIB is a serious affair, it is an essential piece of legislation but as we all know a lot of engagement is required to address all the issues because the oil and gas environment has changed. There are issues of cost, with oil going down to $40 per barrel, the PIB cannot be the same,'' Dr. Kachikwu said.
The NNPC GMD explained that because of the volume of extensive consultation and time required to make the bill a workable document, it is only natural to kick start the reforms in the industry with the existing laws while waiting for the eventual passage of the proposed law.
“The reform of the petroleum industry is key and it is an area where we are going to put a lot of focus. Transparency is key. Restructuring is key. Sometimes people don't realize that the problem hasn't been NNPC, it is a problem of political will to go forward and implement the outcome of researches and reports that had been done but fortunately for us this time around that is what the President has brought to the table. He has strong political will to see this through,'' he said.
Commenting on what the Federal Government intends to do with the draft legislation, Dr. Kachikwu informed that PIB has come to stay though it would take a bit of time to perfect the draft.
“PIB is important, but we need to x-ray the issues. We need at least one year to get it back on track. The reality is that we cannot afford to wait any longer for change in the petroleum sector because of the delay in the passage of PIB, things have got to start happening and that's exactly what we are doing,'' the GMD stated.
Echoing Dr. Kachikwu's position, Comrade Peter Esele, former President of the Trade Union Congress (TUC), who was also President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), noted that though PIB is key, the industry can make do with existing laws to activate essential reforms in the sector.
The post NNPC GMD Stresses Need To Fine-Tune PIB appeared first on Channels Television.
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